SAN FRANCISCO, January 06, (THEWILL) – The acting Chairman of Economic and Financial Crimes Commission, EFCC, Mr. Ibrahim Magu, has told Bureau De Change, BDC, operators that the commission will not spare any of them involved in the fraudulent $2.1bn arms procurement deal.
Magu, who spoke on Tuesday when the BDC operators paid him a courtesy call, promised to enhance the existing mutual relationship between the anti-graft agency and the group, particularly in the area of sensitization and training.
He expressed the desire of the commission to liaise with the operators as some of them are fond of conveying huge sums of money out of the country, since corrupt government officials can no longer withdraw more than $300 using the ATM.
In Magu’s words, ‘‘there are fraudulent involvements of Bureau De Change operators in the arms deal scandal. There are reports of some of your members withdrawing as much as N500million in two, three, four tranches in this arms deal scam.”
“So, I am greatly disturbed. I think there should be a documentation regarding your activities, as this will enable your group to checkmate anyone who is involved in any fraudulent activity.”
Speaking earlier, Chairman of the BDC operators, Alhaji Aminu Gwadabe, who explained that the visit was to congratulate Magu on his appointment and to seek collaboration with the EFCC, expressed the resolve of the group to join hands with the commission in the ongoing war against corruption and economic crimes.
“I want to congratulate you on your appointment as acting Chairman of EFCC and pray for God’s guidance, most especially as it is a period of tough choices and decisions,” he stated.
